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Stock Trend Analysis Report
Prepared for you on Wednesday, May 1, 2024.
Cenovus Energy Inc (NYSE:CVE)
Crossroads (-60) - CVE is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CVE?
MarketClub looks at technical strength and momentum to determine if the timing is right for CVE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CVE
The long-term trend has been UP since Mar 7th, 2024 at 18.095
The intermediate-term trend has been DOWN since May 1st, 2024 at 20.245
The short-term trend has been DOWN since Apr 30th, 2024 at 20.960
Smart Scan Analysis for CVE
Based on our trend formula, CVE is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 20.530 | 20.910 | 20.060 | 20.355 | -0.205 |
| Prev. Close | Volume | Bid | Ask | Time |
| 20.560 | 15778929 | 2024-05-01 15:59:47 |
| Year High | 11.465 | Year High Date | 2018-05-22 |
| Year Low | 6.89 | Year Low Date | 2018-11-27 |
| 52wk High | 21.9 | 52wk High Date | 2024-04-11 |
| 52wk Low | 14.69 | 52wk Low Date | 2024-01-18 |
| Year End Close | 33.54 | Average Volume | 9,880,602 |
| Shares Outstanding | 833,290 | Short Interest | 4,102,837 |
| % Institutional | 66.4 | Market Cap | 11,513M |
| Assets | 539,150,000M | Liabilities | 252,170,000M |
| P/E Ratio | 12.858 | Beta | 1.18 |
| Volatility | 45.26 |